American Airlines places deposit on 20 supersonic Boom aircraft
American Airlines is the latest airline to have supersonic aspirations.
The Fort Worth, Texas-based airline on Tuesday announced it had placed a deposit for 20 Boom Overture supersonic jets, with options for 40 more.
"Looking to the future, supersonic travel will be an important part of our ability to deliver for our customers," American Airlines chief financial officer Derek Kerr said in a statement. "We are excited about how Boom will shape the future of travel both for our company and our customers."
Want more airline-specific news? Sign up for TPG's free biweekly Aviation newsletter and download the free TPG app!
The final design for the supersonic Overture was recently announced at the Farnborough Airshow. The aircraft is expected to carry between 65 and 80 passengers at Mach 1.7 — or 1.7 times the speed of sound — and burn sustainable aviation fuel. An American Airlines press release mentioned supersonic flights between Miami and London (just under five hours) and Los Angeles and Honolulu (three hours) as route possibilities.
American's order for the Overture comes a little over a year after United Airlines announced a deal to purchase up to 50 of the jets. But it also comes as the plane — and the company — face mounting scrutiny about the ambitions of the project.
Notably, the Overture lacks an engine — which must propel the aircraft at supersonic speeds while burning sustainable aviation fuel. Boom has partnered with Rolls-Royce on engine concepts, but the engine maker's CEO, Warren East, recently told industry publication The Air Current that his company did not have anyone assigned to designing the engine.
"We're not making anything speculative for anybody," East told The Air Current.
More: United Airlines announces deal with Boom Supersonic for faster-than-sound commercial flights
Despite these challenges, Boom is sticking to its ambitious timeline for the jet. It expects the aircraft to roll out in 2025, have its first flight in 2026 and carry its first passengers by 2029.
It's unknown how much American's deposit for the aircraft was, but some observers and analysts noted that American has the most heavily leveraged balance sheet of any U.S. carrier and that this transaction would incur even more debt.
TPG featured card
at Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 5X miles | Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel |
| 2X miles | Earn unlimited 2X miles on every purchase, every day |
Pros
- Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
- You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
- Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners
Cons
- Highest bonus-earning categories only on travel booked via Capital One Travel
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app


